📊 $BTC /USDT – 1H Momentum Reversal Setup
Bitcoin bounced strongly from the $60,000 demand zone and is now trading around $71,170 with strong bullish momentum.
EMA20 has crossed above EMA50 on 1H, showing short-term trend reversal. Price is pushing toward key resistance while EMA200 ($76K area) remains the major higher timeframe barrier.
🔹 Entry Zone: $70,800 – $71,500
🔹 Stop-Loss: $67,900
🎯 Targets:
• TP1: $72,500
• TP2: $76,000
• TP3: $81,300
📅 Allocation: 1–3 days swing
• Strong rebound from $60K support
• 1H EMA bullish crossover
• Increasing volume & momentum
⚠️ If 1H closes below $67,900, bullish structure weakens.
BTCUSDT
Perp
65,762.2
-2.51%